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The overall thematic debt—which also includes ESG or environmental, social and governance bonds, social bonds, sustainability bonds and green bonds -- is about $3.7 trillion and the bulk of this are green bonds.
Egypt's GDP growth is expected to increase to 48 percent in FY 202324, up from 44 percent in the current FY, according to the African Economic Outlook 2023
Despite world leaders agreeing that they wanted to transform their current approach to the world, as well as help countries escape poverty, the reality is that the Paris summit ended without any major announcements.
As the need for urgent action to address climate change ramps up, policymakers must support developing countries reconcile financial stability and climate finance.